Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
17th Edition
ISBN: 9780134870069
Author: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher: PEARSON
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Chapter 8, Problem 41P
To determine

Calculate the present worth.

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The monthly demand for ice cans being manufactured by Mr. Cruz is 3,200 pieces. Witha manually operated guillotine, the unit cutting cost is P25.00. An electrically operatedhydraulic guillotine was offered to Mr. Cruz at a price of P275,000 and which will cut by30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Cruzbe able to recover the cost of the machine if he decides to buy now?
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